The secret of Buffett's huge investment success, the first step, try to collect a lot of cash; The second step is to find and invest in a good business, which can generate cash continuously; The third step is to formulate strategies and principles, constantly put cash into new good business, and let it cycle through the first step and the second step.
Guo Henian, the founder of Arowana, operated the white sugar business in the early days, and then expanded the business map to the upstream of white sugar, which had a global vision from the beginning.
Guo Henian experienced hotels in Hongkong in 1980s, and then entered the real estate industry. At this time, shipping, hotels and real estate became the focus of investment in Guo Henian.
In 979, the second oil crisis broke out and the world economy was greatly weakened. At the same time, these three industries have experienced a historic low tide. The shipping industry has a financial deficit of hundreds of millions of dollars.
Faced with increasing losses, Guo Henian resolutely gave up other shipping industries except Pacific shipping. For the real estate and hotel industry, it has increased a lot of investment. In the mid-1980s, when the real estate industry in China and Hong Kong was at its lowest ebb, he continued to invest in building office buildings in China and Hong Kong, and later proved his business vision. Real estate and hotel industry quickly entered the rising channel, making real estate replace food and become the most important cash cow in Guo Henian.
Among the generation of business tycoons who made a fortune in Southeast Asia after World War II, Guo was one of the few entrepreneurs who set up factories, operated sugar mills and flour mills, and later set up soybean crushing plants and oil refineries. ...
Guo has excellent skills, not just by mouth. Guo is an expert in futures trading, and the first bucket of gold in his life can be said to be earned in futures trading.
Guo runs factories, hotels (chain hotels are all over the world), builds brands, is good at management, handles affairs fairly, insists on honesty, shares shares, wins people's hearts, and takes care of grassroots employees. These are not the characteristics of ordinary Southeast Asian business tycoons.
Guo Henian is one of the few business tycoons in Southeast Asia. He has a clear understanding of himself, can combine the opportunity of the times with his pragmatic side, can be polite to corporal, and even be kind to grass-roots employees.